COMPQ,IWM and SPX. The soonest top is now looking like June 15 which is FOMC day next month. It could be the next rate hike. That is if this corrective is complete. The timing looks possible and even good as it took only three weeks for the A wave up (IWM has the best wave pattern) to complete and we have a little more time for C now. IWM (RUT) looks to have the biggest gain as it should put in a new high. I picked up a few 118 June 17 calls today and yesterday with big hopes.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.